Assenagon Increases Stake in McDonald's by 63%

Assenagon Asset Management S.A. increased its holdings in McDonald's Corporation (NYSE:MCD) by 63.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned approximately 556,267 shares of the fast-food giant's stock after acquiring an additional 215,304 shares during the quarter.

Assenagon Asset Management S.A.'s total holdings in McDonald's Corporation are valued at $150.36 million as of its most recent filing with the SEC.

Other institutional investors also made changes to their positions in McDonald's Corporation during the second quarter, including Brighton Jones LLC, which lifted its holdings by 21.6%, and Revolve Wealth Partners LLC, which grew its position by 2.8%.